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20130221
20130221
Search Results 0 to 5 of about 6 (some duplicates have been removed)
let the sequester happen. to slice the pentagon's budget. dean telling the huffington post i'm in favor of the sequester. it's tough on things i care about a lot but the fact of the matter is you are not going to get another chance to cut the defense budget in the way it needs to be cut. white house officials disagree. as an outgoing defense secretary leon panetta who warned such deep cuts could leave america with a second rate military. you will remember republicans were furious before the election that the white house did not follow the warren act that requires employers to warn employees about the potential lay-offs. since furlough notices are only going out now, defense officials say they work at the pentagon until late april. even if the sequest starts on march 1. at the white house, ed henry. fox news. >> bret: the pentagon's budget chief says the effects of the cuts will be felt nationwide. he says the biggest potential losses will be in california, texas, georgia and virginia. national security correspondent jennifer griffin on what it could mean for one virginia comm
if the sequester were to take effect. pentagon officials, however, confirm that those furloughs would not begin until april at the earliest and that furloughed employees would be asked to miss one day of work per week for 22 weeks. the reality of sequestration is that it represents a very small portion of overall government spending, no matter how dramatic or how grim the president projects the consequences. fox news chief political correspondent carl cameron has our report. >> these cuts are not smart, not fair. >> six business days and counting to $85 billion in across-the-board federal spending reductions. defense bases in 8 percent cut and other agencies reduce spending five to 6%. as part of the over three and half trillion dollar federal budget for this year alone the $85 billion sequester cuts amount to a tiny slice. only just under two and a half%. government spending is average 20% of annual u.s. economic activity. even after the sequester cuts it will be 22% this year, 10 percent higher than the average for the last seven decades. government spending is still projected to rise substan
out of federal programs and the pentagon. 800,000 civilian employees have been told by the defense department that they will likely be placed on unpaid leave. with the house and senate still in recess, a number of democrats are calling for congress to reconvene to deal with this mess. secretary of state john kerry, meanwhi meanwhile, is reminding his former colleagues that actions here at home do have global implications. take a listen. >> it is often said that we cannot be strong at home if we're not strong in the world. but in these days of a looming budget sequester that everyone actually wants to avoid, or most, we can't be strong in the world unless we are strong at home. my credibility is a diplomat, working to help other countries create order is strongest when america, at last, puts its own fiscal house in order. and that has to be now. let's reach a responsible agreement that prevents these senseless consults. let's not lose this opportunity because of politics. >> you know, mike barnicle, politics is such a cruel, cruel game. seriously. there's one guy that gets to the to
until today to make these announcements. do you accept the criticism that the pentagon should have been we listed every major item we are talking about. we said we had to do furloughs. we said there would be cutbacks in readiness. we said unit costs would go up. all the same things. what we didn't do with a detailed budget planning and i don't regret that. we wouldn't have known the effects of the continuing resolution. we wouldn't have known that congress is going to change the size and the. moreover, we would have incurred the productivity and we would v done it six months ago, so i don't regret not doing that. i think we did sound the alarm in every way we could. >> i am wondering what kind of contract you are having with the white house and with congress there is going to have to be some. so are you trying to offer any solutions? also, i am wondering, what other things would you be doing right now if you were not spending all your time on this sequester. >> spending time with my wife -- i think i am hot the right person to answer. we are responsible for providing the nation's securi
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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